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Cryptocurrency
FTX Executives Await Sentencing: Current Status
August 30, 2024 07:53 PM AEST| By Team Kalkine MediaNearly two years after the collapse of FTX and Alameda Research, legal proceedings against key figures involved continue to unfold. The fallout has led to significant market uncertainty, regulatory scrutiny, and criminal charges for those implicated....
Reclaiming Ethereum’s Diversified Roots
August 30, 2024 07:52 PM AEST| By Team Kalkine MediaAddressing the issue of block production centralization, an independent builder aims to restore diversity to Ethereum's ecosystem. The fragility of centralized systems was starkly illustrated by a recent incident involving CrowdStrike, which caused s...
Tesla Closer to Shipping Domestic Robots Than Robotaxis
August 30, 2024 07:51 PM AEST| By Team Kalkine MediaThe Boring Company revealed that Tesla’s “Full Self-Driving” (FSD) software is not yet suitable for use in single-lane tunnel environments. Despite Tesla’s claims of nearing completion for its FSD system, the software has encountered challenges that...
Bitcoin Traders Await $62K as 3% Price Gains Deplete Liquidity
August 30, 2024 03:52 PM AEST| By Team Kalkine MediaCointelegraph’s Hashing It Out podcast, host Elisha Owusu Akyaw delves into the Bitcoin approach to the $61,000 mark as market participants aim to overcome overhead liquidity near the Wall Street open. Data from Cointelegraph Markets Pro and TradingV...
Ether ETF Flows Turn Positive for First Time in Two Weeks, Boosted by BlackRock
August 30, 2024 03:44 PM AEST| By Team Kalkine MediaEther markets suggest potential for a rally above $3,000, although traders may need to wait until October for significant movements. For the first time in over two weeks, inflows into U.S. spot Ether exchange-traded funds (ETFs) have turned positive....
Navigating the Multichain World
August 30, 2024 03:43 PM AEST| By Team Kalkine MediaCointelegraph’s Hashing It Out podcast, host Elisha Owusu Akyaw delves into the evolving landscape of cross-chain protocols and multichain ecosystems with Keer Lau, ecosystem growth lead at Orbiter Finance.,As,{blockchain},technology advances, the ne...
Dell Results Show No Bitcoin Impact Despite CEO's Optimism
August 30, 2024 03:42 PM AEST| By Team Kalkine MediaDell Technologies did not include Bitcoin on its balance sheet in its Q2 earnings report, despite earlier speculation fueled by CEO Michael Dell’s crypto-themed social media activity. The company's earnings, detailed in the filing on August 29, showe...
Cboe Files Amended Applications for Bitcoin and Ethereum Options
August 30, 2024 03:41 PM AEST| By Team Kalkine MediaCboe Exchange submitted amended applications to U.S. regulators seeking approval to list options on Bitcoin and Ether exchange-traded funds (ETFs). The filings reveal that the exchange aims to offer options linked to ETFs issued by prominent asset ma...
Crypto Hackers Steal Over $1.2 Billion in 2024: Immunefi
August 30, 2024 03:24 PM AEST| By Team Kalkine MediaCryptocurrency-related hacks have surged significantly in 2024, with losses exceeding $1.2 billion year-to-date, according to a report by Immunefi. This represents a 15.5% increase in stolen assets compared to the same period in 2023, which saw losse...
Scammers Shift from Crypto Ponzis to Pig Butchering
August 30, 2024 03:24 PM AEST| By Team Kalkine MediaThe duration of cryptocurrency scams is shrinking as cybercriminals refine their strategies and increasingly exploit social media platforms. According to Chainalysis, a blockchain security and compliance firm, the rise of pig butchering scams in 2024...
Millions Lost in $460M Crypto Scam from Hacked Mbappé Account
August 30, 2024 03:23 PM AEST| By Team Kalkine MediaA significant incident involving the X account of football star Kylian Mbappé led to substantial financial losses for traders. The account was compromised by hackers who used it to promote a fraudulent cryptocurrency token. The scam token, purportedl...
Berkshire Hathaway Hits $1T, Approaches Bitcoin Market Cap
August 30, 2024 03:22 PM AEST| By Team Kalkine MediaWarren Buffett’s Berkshire Hathaway has achieved a valuation surpassing $1 trillion, nearly equaling the entire market capitalization of Bitcoin. Despite Buffett's known skepticism toward cryptocurrencies, particularly Bitcoin—which he has famously r...
TeraWulf Opens Bitcoin Mining Facility, Seeks Tech Partnership
August 30, 2024 03:21 PM AEST| By Team Kalkine MediaTeraWulf, the sixth-largest Bitcoin mining firm globally, is poised to enhance its operations with the upcoming launch of a new,{Bitcoin},(BTC),mining facility at the end of September. This facility, named Wulf Den, is scheduled to commence operation...
Crypto ATMs in Australia Jump 17-Fold Amid Misuse Concerns
August 30, 2024 02:21 PM AEST| By Team Kalkine MediaAustralia has experienced a dramatic increase in the number of cryptocurrency ATMs, with new installations rising 17-fold over the past two years. This growth has positioned Australia as the third-largest market globally for crypto ATMs, with 1,162 m...
Bitcoin Mining CEO Seeks Hashrate Contracts to Counter Rising Costs
August 30, 2024 02:20 PM AEST| By Team Kalkine MediaThe April 2024,{Bitcoin},(BTC),halving, which reduced the block subsidy from 6.25 to 3.125 Bitcoin, has intensified financial pressures on miners. As operational costs rise and block rewards diminish, some mining entities are struggling to maintain v...
Bitcoin Exchange Reserves Hit New Annual Low During $60K Price Retest
August 30, 2024 02:19 PM AEST| By Team Kalkine MediaBitcoin supply on cryptocurrency exchanges may signal a forthcoming bull market, provided that demand continues to rise. Data indicates that Bitcoin reserves on exchanges have recently reached their lowest level of the year, which could serve as a cr...
Dogecoin Manipulation Lawsuit Dismissed
August 30, 2024 02:18 PM AEST| By Team Kalkine MediaA US District Court Judge has dismissed a lawsuit alleging that Elon Musk and his company, Tesla, manipulated the price of Dogecoin, resulting in substantial financial losses. The decision, rendered on August 29 by Judge Alvin Hellerstein of the US D...
Revaluating Bitcoin Power Law Theory
August 30, 2024 02:17 PM AEST| By Team Kalkine MediaThe Bitcoin Power Law Theory (BPLT) represents the latest attempt to use mathematical models to forecast Bitcoin's value, drawing on the concept of power laws from physics. Despite its initial appeal, the BPLT faces significant criticisms due to its...
Fake Mbappé Token Scam Results in Profits and Losses for Participants
August 30, 2024 04:14 AM AEST| By Team Kalkine MediaA recent,cryptocurrency,scam involving a fraudulent Mbappé token has led to varying financial outcomes for those affected. In this case, one participant gained a substantial amount of money, while another experienced significant losses, highlighting...
Wealth Advisor Highlights Key Aspect of Judge Torres’ XRP Ruling
August 30, 2024 04:12 AM AEST| By Team Kalkine MediaA recent evaluation of Judge Analisa Torres' ruling on the XRP case has brought attention to a critical aspect noted by a wealth advisor. The ruling, which has generated considerable interest within the,cryptocurrency,sector, was examined for its imp...
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